Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Stake Lifted by Gimbal Financial

Gimbal Financial grew its position in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 0.8% during the fourth quarter, Holdings Channel reports. The fund owned 70,027 shares of the company’s stock after purchasing an additional 556 shares during the period. Pacer Trendpilot US Large Cap ETF makes up about 3.1% of Gimbal Financial’s holdings, making the stock its 10th biggest holding. Gimbal Financial’s holdings in Pacer Trendpilot US Large Cap ETF were worth $3,742,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. grew its stake in shares of Pacer Trendpilot US Large Cap ETF by 1,326.7% in the 3rd quarter. Assetmark Inc. now owns 642 shares of the company’s stock worth $34,000 after buying an additional 597 shares during the last quarter. Principal Securities Inc. purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter worth approximately $36,000. Crewe Advisors LLC bought a new position in Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at approximately $38,000. CWM LLC lifted its position in Pacer Trendpilot US Large Cap ETF by 32.7% in the 3rd quarter. CWM LLC now owns 1,186 shares of the company’s stock valued at $62,000 after acquiring an additional 292 shares in the last quarter. Finally, Empowered Funds LLC bought a new position in Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at approximately $96,000.

Pacer Trendpilot US Large Cap ETF Price Performance

PTLC stock opened at $55.70 on Wednesday. The company has a market cap of $3.19 billion, a PE ratio of 26.16 and a beta of 0.98. The company has a 50-day simple moving average of $54.65 and a 200 day simple moving average of $53.19.

About Pacer Trendpilot US Large Cap ETF

The Pacer Trendpilot US Large Cap ETF (PTLC) is an exchange-traded fund that is based on the Pacer Trendpilot US Large Cap index. The fund tracks an index that allocates to a proprietary US large-cap index and\u002For 3-month US T-bills, according to momentum. PTLC was launched on Jun 11, 2015 and is managed by Pacer.